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HomeMy WebLinkAbout1180 . ~ • $33,~ss.~~ ~c_~-t _ s ~Pi. r , ~9~2 ~ , FOR VALUE RECEIVED, the undersigned, jointly and-severally, promise to pay to the order of DAVID HORNSTEIN, at the following address; C/0 David Hornstein, Attorney, 51QO~Wisconsi~,A~enue" ~ N.W., Washington, D. C. 20016, the principal sum of THIRTY-THREE THOUSAND ONE HLtNDRED FIFTY-EIGHT and 77/100's DOLLARS, with ' interest at the rate o£ six per cent per annum from date, interest ~ payable semi-annually. The said principal shaZl be~payable in annual installments as foZlows; $6,800.33 lus interest a able ^ ~ P ~ P Y P~ ~ 1, 197 ; ~!J/-~ $6,800.32, plus interest, payable ~~1, 197 ; cv.y $6,800.33, plus interesr, payab -,~~?,t. 1, 197 ;~v~> $8,450.33, plus interest, paya e 1, 197 ;!uM $4,307.46, plus interest, paya le 1, 197 .~~ti/ No prepayment during calendar year of~197~'L~. After c lendar year 1972, there shaZl be no penalty or res x~icCion again t prepayment. If any installment be not pro~itl}r paid iChin 10 da next after same becomes due, then, at th~ o t on o~he holder hereof the P , full amount remaining due upan thi note shaZl thereupon become due and payable at'o ce, together ith all other indebtedness stipulated in ~his no~e and i~i th~ mortgage given to secure the same . ~ ,i ~ The makers and endorsers of this note further agree to waive notice of non-payment, p~otest d demand for payment, and in case suit shall be brought for_t;l~collection hereof or the same shall be collected upon demand of an attorney, tu pay all expenses of such col.lection, incZuding a reasonable attorney's fee ~hereon. This note is secured by a purchase money mortgage of even date herewith and is to be construed and enforced according to rhe Iaws of the State of FZorida; upon default in payment of principal and/ or interest due on any note secured by said Mortgage, all notes so secured and remaining unpaid shall forthwith become due and payable not withstanding their tenor. zns Fa~~ z~ ~r ~ 11~ : ~ . Warren McFadden ~ _i:. - ~